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Haarmann & Reimer and Dragoco Form Symrise

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By: TOM BRANNA

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GERMANY: Dragoco and Haarmann & Reimer, both based in Holzminden, have joined to form Symrise. The company now accounts for 11% of total market volume, according to company estimates. In 2002, both companies generated sales of approximately 1.24 billion euro, representing a 3.2% rise in sales year-on-year in local currencies. Sales growth was generated in particular in the flavor segment, where sales rose 6.2%, as well as by the regions of Europe, up 6.1%, and South America, up 7.5%, execu...

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